EU Commission gives UK CCPs 18-month equivalence post-Brexit
Valdis Dombrovskis, Vice-President of the European Commission (Credit: Alexandros Michailidis / Shutterstock)
The European Commission has confirmed an 18-month equivalence for UK-based central clearing counterparties, giving EU banks a set timeframe to reduce their overexposure to derivatives clearing houses in Britain after the Brexit transition period ends.
To read more
Register for free access to GBRR
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the GBRR experts.
Subscribe now